Camping World seeks $117 million add-on term loan at OID of 99-99½

By Sara Rosenberg

New York, Nov. 13 – Camping World Inc. is in market with a fungible $117 million add-on term loan that is talked with an original issue discount of 99 to 99½, according to a market source.

Pricing on the loan is Libor plus 475 basis points with a 1% Libor floor.

The add-on has 101 soft call protection for six months, the source said.

Goldman Sachs Bank USA is the lead bank on the deal that launched on Wednesday.

Proceeds will be used to fund RV dealerships.

Camping World is a supplier of RV parts, supplies and accessories.

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